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The Sphere Coin

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Joined: 16 Feb 2018
Posts: 3

PostPosted: Sat Mar 03, 2018 2:57 am    Post subject: The Sphere Coin Reply with quote

Sphere is the new generation of social network.

We are creating a decentralized social network, separate from those corporations. You have a say, and above all you take back the power with every click and every social connection.

Join our upcoming ICO
Be part of Sphere’s historic Initial Coin Offering by being the first in the world to hold Social Activity Tokens.

Sphere’s ICO is set to launch on February 12th, 2018.

Have A Clear Reason Before Entering A Trade

It is essential that you only begin a trade when you know why you are beginning and have a clear strategy for the trade itself. Not all traders gain from trading as this is a zero-sum game – for every person who benefits, there is a trader who will lose. The Altcoins market is driven by large whales – the same whales responsible for placement of Bitcoins on the order book – and these whales are waiting for people to make mistakes.

If you do intend on trading on a daily basis, it is sometimes better to avoid earning without doing anything instead of entering a trade without any trading plan; thereby exposing all your coins to potential losses. From person experience, I can tell you that there will be days where you can keep your trading profits by not trading online at all.
For each trade conducted, it is important to set a target for profit taking. More importantly, it is necessary to set a stop-loss to cut any losses made during the trade. The stop-loss setting is significant because it will set the level of loss where your trading will be closed.

When setting up a stop-loss level, it is vital that you take several considerations into account to ensure the level is correct and accurate. Many traders will fail if they continue with a trade and may believe that the trade will “turn around” leaving them with a minimum loss, which is not always true. In this situation, the trader is trading with their ego instead of their brain and this is dangerous because Crypto trades are risky to play. In personal experience as a trader, I have seen coin being dumped by approximately 80% in a few hours when working on my ego instead of my brain. Laughing
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